Assignment on ipr
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The document defines key terms like assets, inventions, and innovations. It then provides financial data on John Deere's assets from 2013-2011, showing increases in areas like cash, receivables, and property/equipment. The document also lists several patents filed by John Deere relating to technologies like fuel cells, micro mirrors, and telescopic handlers.
Assignment on ipr
- 1. Assignment 1 Submitted By:-- Sudarshan Kumar Patel PGDMA-1320 Sudarshan Kumar Patel PGDMA-1320 Page 1
- 2. Definitions:-- Asset:-- A resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit. Assets are bought to increase the value of a firm or benefit the firm's operations. An asset as something that can generate cash flow, regardless of whether it's a company's manufacturing equipment or an individual's rental apartment. Invention:-- New scientific or technical idea. New scientific or technical idea, and the means of its embodiment or accomplishment. To be patentable, an invention must be novel, have utility, and be non-obvious. To be called an invention, an idea only needs to be proven as workable. But to be called an innovation, it must also be replicable at an economical cost, and must satisfy a specific need. That's why only a few inventions lead to innovations because not all of them are economically feasible. Innovation:-- The process of translating an idea or invention into goods & services that creates economic values. To be called an innovation, an idea must be replicable at an economical cost and must satisfy a specific need. Innovation involves deliberate application of information, imagination and initiative in deriving greater or different values from resources, and includes all processes by which new ideas are generated and converted into useful products. In business, innovation often results when ideas are applied by the company in order to further satisfy the needs and expectations of the customers. In a social context, innovation helps create new methods for alliance creation, joint venturing, flexible work hours, and creation of buyers'power Incremental Advantage:-- Incremental Advantage produces a variety of company’s reports and helps in valuations of patents, trade secrets, trademarks, non-compete agreements and domain names etc. Sudarshan Kumar Patel PGDMA-1320 Page 2
- 3. John Deere Tractors Capital and Assets:-- Assets 2013 2012 2011 Current Assets Cash And Cash Equivalents 3,504,000 4,652,200 3,647,200 Short Term Investments 1,624,800 1,470,400 787,300 Net Receivables 35,039,200 31,426,400 27,501,600 Inventory 4,934,700 5,170,000 4,370,600 Other Current Assets - - - Total Current Assets 45,102,700 42,719,000 36,306,700 Long Term Investments 221,400 215,000 201,700 Property Plant and Equipment 9,124,100 7,539,700 6,502,300 Goodwill 844,800 921,200 999,800 Intangible Assets 77,100 105,000 127,400 Accumulated Amortization - - - Other Assets 1,825,800 1,485,500 1,210,900 Deferred Long Term Asset Charges 2,325,400 3,280,400 2,858,600 Total Assets 59,521,300 56,265,800 48,207,400 Sudarshan Kumar Patel PGDMA-1320 Page 3
- 4. Intellectual and other assets:-- Since its founding in 1837, John Deere has been a leader in using innovative ideas and technologies, and today we build some of the world's most advanced agricultural, turf, construction, and forestry equipment. 1. Foldable Shipping Container Bulkhead Patent 2. Fleet Management- Title- Management of vehicles based on operational environment Patents issued - US7415333 3. Fuel Cell Patents Issued Title US6852435 Fuel Cell Cooling System US6969545 Hydrogen Storage Container US7063912 Fuel Cell Assembly System US7323043 Storage Container with Thermal Energy Management 4. Micro Mirror Array Patents Issued Title US6839127 Optical Range Finder Having an Micro Mirror Array US7064810 Optical Range Finder with Directed Attention US7206063 Optical Range Finder with Directed Attention Sudarshan Kumar Patel PGDMA-1320 Page 4
- 5. 5. Telescopic Handler Patents Issued Title US6530742 Telescopic boom routing assembly for transmission lines US6533528 Support frame for front attached implements of an operating machine and associated locating pins US6988363 Hydraulic active boom suspension for a telehandler US7104181 Hydraulic control circuit for a hydraulic lifting cylinder US7140178 Hydraulic arrangement US7223061 Boom US7337610 Hydraulic arrangement US7370723 Loading machine US7398847 Radiator arrangement US7430953 Loading implements and process for loading implement US7430955 Hydraulic arrangement US7448309 Hydraulic arrangement US7516614 Hydraulic arrangement US7530434 Hydraulic system US7717664 Loader US7726665 Suspension system US7753385 Suspension system US7845896 Loader Trademark- Sudarshan Kumar Patel PGDMA-1320 Page 5
- 6. References:- • www.deere.com • http://www.businessdictionary.com • www.investopedia.com • http://www.businessdictionary.com/definition/invention.html#ixzz3GpMwtA2o • www.moneycontrol.com Sudarshan Kumar Patel PGDMA-1320 Page 6
- 7. References:- • www.deere.com • http://www.businessdictionary.com • www.investopedia.com • http://www.businessdictionary.com/definition/invention.html#ixzz3GpMwtA2o • www.moneycontrol.com Sudarshan Kumar Patel PGDMA-1320 Page 6